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7 Oct 2024 18:17
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  •   Home > News > Business

    Speculation New Zealand's Official Cash Rate could follow in response to changes in the US

    Speculation New Zealand's Official Cash Rate could follow in response to changes in the US


    Some economists suggest the OCR could be cut 50 basis points in Wednesday's Reserve Bank decision.

    Associate Finance Minister David Seymour says we've had little choice other than following the lead of the American Federal Reserve.

    He says if we don't match interest rates our dollar will collapse.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Kiwi Olympic silver medalist Hayden Wilde leads the Super Triathlon series heading into the season finale More...


    BUSINESS BUSINESS
    Speculation New Zealand's Official Cash Rate could follow in response to changes in the US More...



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